Research analysts at StockNews.com began coverage of Vishay Precision Group on Thursday, as stated in a report made available to the public that same day (NYSE: VPG).
The company recommends a “strong buy” for investors to purchase the shares of the scientific and technical instrument manufacturer.
When trading was first initiated on Thursday, the share price of Vishay Precision Group was $40.76 per share. 3.91 is the value of the current ratio, 2.60 is the value of the quick ratio, and 0.20 is the value of the debt-to-equity ratio.
The company’s beta value is 1.33, and its price-to-earnings ratio is 15.44, contributing to its $553.52 million in market capitalization.
The company’s 50-day simple moving average and its 200-day simple moving average are currently located at $42.84 and $38.08, respectively.
During the previous year, the share price of Vishay Precision Group experienced a price range that ranged from $27.03 to $45.69, with a low of $27.03 and a high of $45.69.
The most recent quarterly earnings report for Vishay Precision Group, traded on the New York Stock Exchange under the ticker symbol “VPG,” was released on Thursday, February 14th.
It was reported that the company made $0.76 in profits during the quarter, which is $0.14 more than the predictions made by analysts, which were $0.62.
The manufacturer of specialized equipment used in technical and scientific research. $96.24 million was recorded as the company’s total revenue during the period in question.
The Vishay Precision Group achieved a return on equity of 12.37% and a net margin of 9.50% in their business.
In the same period as the previous year, the business made a profit of $0.56 per share.
According to additional relevant information, Wes Cummins, director of Vishay Precision Group, purchased 25,000 shares of the company’s stock on Friday, February 17th.
The number of shares was acquired for a total cost of $1,056,500.00, which works out to a price of $42.26 per share on average.
As a direct consequence of making the purchase, the director is now the direct owner of a total of 406,792 shares of the company, which have a combined value of $17,191,029.92. When you click on this link, you will be taken to a legal file that contains information on the acquisition.
This file was submitted to the SEC and will automatically be sent there. Company insiders have purchased 57,500 shares of corporate stock for a total cost of $2,454,150 over the past three months. Corporate insiders currently hold a percentage of the stock equal to 6.78% of the total available shares.
Various institutional investors, including hedge funds and other types of investment vehicles, have made recent adjustments to the stock holdings they have in their portfolios.
In the final quarter of 2018, Alliancebernstein L.P.
Increased the proportion of Vishay Precision Group stock that it owned by 6.0 percentage points.
Alliance Berenstein L.P. now has 8,800 shares of the scientific and technical instruments company’s stock, valued at $340,000, thanks to the purchase of an additional 500 shares during the most recent quarter.
Lazard Asset Management LLC increased the Vishay Precision Group stock it owned over the final three months of 2018, bringing the total to 99.9%.
Lazard Asset Management LLC now has 2,869 shares of the scientific and technical instruments company after purchasing an additional 1,434 shares during the most recent quarter for the total investment.
Alliancebernstein L.P.
Increased the proportion of Vishay Precision Group stock that it owned by 6.0 percentage points.
Alliance Berenstein L.P. now has 8,800 shares of the scientific and technical instruments company’s stock, valued at $340,000, thanks to the purchase of an additional 500 shares during the most recent quarter.
Lazard Asset Management LLC increased the Vishay Precision Group stock it owned over the final three months of 2018, bringing the total to 99.9%.
Lazard Asset Management LLC now has 2,869 shares of the scientific and technical instruments company after purchasing an additional 1,434 shares during the most recent quarter for a total investment of $2,869.
There is currently a value of $110,000 attached to these shares.
B. Riley Asset Management LLC completed the fourth quarter by increasing the percentage of Vishay Precision Group shares it owned by 13.4% compared to the previous quarter.
B. Riley Asset Management LLC now owns 381,792 shares of the scientific and technical instruments company’s stock, which has a market value of $14,756,000 following the purchase of an additional 45,000 shares during the preceding quarter. Vestcor, INC increased its position in Vishay Precision Group during the fourth quarter by purchasing additional shares for approximately $157,000.
This allowed the company to maintain its overweight position. Finally, but most certainly not least, during the final three months of 2018, Vishay Precision Group saw an increase of 5.9% in the percentage of ownership it held in Legal & General Group Plc.
Legal & General Group Plc now has 4,665 shares of the scientific and technical equipment company after purchasing an additional 258 in the most recent quarter for a total of 4,665 shares.
There is currently a value of $180,000 attached to these shares. Currently, institutions hold ownership rights over 77.31% of the company’s common stock.
Vishay Precision Group, INC is a global company known for its expertise in precision measurement and sensing technologies.
These technologies consist of specialized sensors, solutions for weighing, and measurement systems. Vishay Precision Group, INC is an organization that values diversity. Customers came up with the technologies and solutions for precise measurement and sensing that the company offers to accommodate expanding applications in various markets and industries. Customers came up with technologies and solutions for precise measurement and sensing.